October 8, 20240Comments

Forex Analysis – Forecast for EUR/USD on October 8, 2024

The currency market is gradually "moving away" from Powell's unexpected "hawkishness" and the strong U.S. employment data. Yesterday, the dollar index

by Jeff Wecker

Forex Analysis

October 7, 20240Comments

Forex Analysis – Forecast for EUR/USD on October 7, 2024

To say that Friday's US employment data was excellent, strengthening the dollar and the entire stock market and setting an optimistic trend for the next 1-2 mon

by Jeff Wecker

Forex Analysis

October 4, 20240Comments

Forex Analysis – Forecast for EUR/USD on October 4, 2024

The euro has completed the minimum target after breaking below the MACD line on the daily chart—touching the target level of 1.1010 with its lower shadow.

by Jeff Wecker

Forex Analysis

October 3, 20240Comments

Forex Analysis – Forecast for EUR/USD on October 3, 2024

Yesterday, the single European currency declined by 22 pips, while the stock market (S&P 500) rose by 0.01%. Overall, stock indices closed mixed,

by Jeff Wecker

Forex Analysis

October 2, 20240Comments

Forex Analysis – Forecast for EUR/USD on October 2, 2024

Yesterday's drop in the euro and stock indexes is quite understandable given the escalation in the Middle East, but the historical example of the US-Iraq

by Jeff Wecker

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